TrainingsMasterEconomicsCoursesMacroeconomics I

Master EconomicsUE Macroeconomics I


The objective of this course is to provide students with a framework for thinking about the fundamental questions in international macroeconomics. We will focus on current account imbalances, capital mobility across countries, and the role of fiscal policy in an open economy. Most topics will be approached from both theoretical and empirical points of view.


• Foundations of intertemporal trade

• Derivation of the Current Account

• Transmission of Shocks Across Countries

• Applications and Puzzles

Languages used

Main languages used by this course:

  • Français
  • Anglais


  • Foundations of International Macroeconomics, by M. Obstfeld and K. Rogoff - The MIT Press
  • International Economics : Theory and Policy, by P. R. Krugman, M. Obstfeld, M. Melitz - Pearson Series in Economics
  • Macroeconomics, by O. Blanchard, D. R. Johnson - Pearson Series in Economics

Structure and organisation

Lectures’ notes will be posted on the course webpage. Some readings, practice problem sets and past exams will be posted at the same webpage.

Volume of teachings

  • Lectures: 24 hours